Optically Clear Adhesives (OCAs) Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028
The global optically clear adhesives market size is expected to reach USD 3,218.7 Million in 2028 and register a revenue CAGR of 9.2% over the forecast period, according to latest analysis by Emergen Research. Some key factors driving steady market revenue growth include rising demand for touchscreen display devices and optical devices among consumers. Optically clear adhesives are preferred adhesives for bonding touch panels, display screens, and in various other applications involving bonding of lens in microscopes, cameras, and prisms. Optically clear adhesives offer a strong bonding on various substrates, including plastics used in smartphones and automotive displays. These adhesives enhance display performance and viewability, as well as aid in lessening loss of light caused by reflection and also to improve contrast ratios.
The Global Optically Clear Adhesives (OCAs) Market Report offers extensive knowledge and information about the Optically Clear Adhesives (OCAs) Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Optically Clear Adhesives (OCAs) Market further validated and verified by the industry experts and professionals. The Global Optically Clear Adhesives (OCAs) Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Optically Clear Adhesives (OCAs) Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Optically Clear Adhesives (OCAs) industry for the forecast period 2020-2028?
- What are the major driving forces expected to impact the development of the Optically Clear Adhesives (OCAs) Market across different regions?
- Who are the major driving forces expected to decide the fate of the Optically Clear Adhesives (OCAs) industry worldwide?
- Who are the prominent market players making a mark in the Optically Clear Adhesives (OCAs) Market with their winning strategies?
- Which Optically Clear Adhesives (OCAs) industry trends are likely to shape the future of the industry during the forecast period 2020-2028?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Optically Clear Adhesives (OCAs) Market?
Henkel AG & Co.
the 3M Company,
Norland Products Inc.,
Mitsubishi Chemical Corporation,
Nitto Denko Corporation,
DELO Industrie Klebstoffe GmbH & Co. KGaA,
Dymax Corporation, and
Scapa Group PLC.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Segments Covered in this Report
- Resin Type Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
- Polyvinyl Acetate
- Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
- Automotive Display Screens
- Industry Vertical Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
- Electrical & Electronics
Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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Key Highlights of Report
- In July 2019, Panacol announced the launch of Vitralit 50004, which is an innovative one-component optically clear adhesive. Vitralit 50004 is a UV-curable adhesive based on acrylic with ultra-low viscosity and finds application for laminating optics and bonding displays.
- Silicone is one of the most commonly used resins in optically clear adhesives and is especially ideal for use on substrates that demand high temperature performance, attributed to temperature resistance properties of silicone. Also, silicone-based optically clear adhesives can endure shock, impact, and vibration, while upholding stress resistance.
- Among the industry vertical segments, aerospace segment revenue is expected to register a significantly rapid growth rate over forecast period. Optically clear adhesives are used in displays screen in aircraft cockpits to aid in enhanced display performance. Also, it efficiently removes any gaps between the LCD/LED and cover glass, while delivering anti-reflective, anti-smudge, and anti-glare characteristics to the cover glass.
- Optically clear adhesives market in Asia Pacific accounted for largest revenue share in 2020 and is expected to register fastest revenue CAGR over forecast period, attributed to rising demand for consumer electronic products, increasing penetration of smartphones, and rising sales of electric vehicles in countries such as China, India, South Korea, and Japan. Additionally, presence of leading market players such as Nitto Denko Corporation in the region is causative of robust market revenue growth.
- Some major players in the market include Henkel AG & Co. KGaA, DuPont, the 3M Company, LINTEC Corporation, Norland Products Inc., Mitsubishi Chemical Corporation, Nitto Denko Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation, and Scapa Group PLC.
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